Demant Balance Sheet Health
Financial Health criteria checks 3/6
Demant has a total shareholder equity of DKK9.3B and total debt of DKK11.8B, which brings its debt-to-equity ratio to 126%. Its total assets and total liabilities are DKK30.5B and DKK21.2B respectively. Demant's EBIT is DKK4.1B making its interest coverage ratio 8.7. It has cash and short-term investments of DKK1.1B.
Key information
126.0%
Debt to equity ratio
kr.11.77b
Debt
Interest coverage ratio | 8.7x |
Cash | kr.1.14b |
Equity | kr.9.34b |
Total liabilities | kr.21.21b |
Total assets | kr.30.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WILY.Y's short term assets (DKK9.4B) exceed its short term liabilities (DKK6.9B).
Long Term Liabilities: WILY.Y's short term assets (DKK9.4B) do not cover its long term liabilities (DKK14.3B).
Debt to Equity History and Analysis
Debt Level: WILY.Y's net debt to equity ratio (113.8%) is considered high.
Reducing Debt: WILY.Y's debt to equity ratio has increased from 101% to 126% over the past 5 years.
Debt Coverage: WILY.Y's debt is well covered by operating cash flow (36.3%).
Interest Coverage: WILY.Y's interest payments on its debt are well covered by EBIT (8.7x coverage).